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Future Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

NY HARBOR ULSD HEATING OIL Dec 2024 (NYMEX:HO.Z24)

Weak Downtrend (-65) - HO.Z24 is showing signs of a strengthening downtrend. Monitor HO.Z24 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid HO.Z24?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Z24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_HO.Z24
Open High Low HO.Z24 Price Change
2.6868 2.6876 2.6467 2.6922 -0.0405
Entry Signal

MarketClub’s Trade Triangles for HO.Z24

long term up The long-term trend has been UP since Dec 13th, 2021 at 1.920

intermediate term down The intermediate-term trend has been DOWN since Jun 23rd, 2022 at 2.659

short term down The short-term trend has been DOWN since Jun 17th, 2022 at 2.749

Smart Scan Analysis for HO.Z24

Based on our trend formula, HO.Z24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HO.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.6868 2.6876 2.6467 2.6922 -0.0405
Prev. Close Volume Bid Ask Time
2.6472 41 2022-06-23 14:48:56
Expiration2024-11-29Open Time09:00
Close Time14:30
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